FINANCIAL INVESTORS TRUST
NSAR-A, 1998-12-30
Previous: QUICKTURN DESIGN SYSTEMS INC, SC 14D9/A, 1998-12-30
Next: FORECROSS CORP, NT 10-K, 1998-12-30



<PAGE>      PAGE  1
000 A000000 10/31/98
000 C000000 0000915802
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 FINANCIAL INVESTORS TRUST
001 B000000 811-8194
001 C000000 3036232577
002 A000000 370 17TH STREET, SUITE 3100
002 B000000 DENVER
002 C000000 CO
002 D010000 80202
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  5
007 C010100  1
007 C020100 U.S. TREASURY MONEY MARKET FUND
007 C030100 N
007 C010200  2
007 C020200 U.S. GOVERNMENT MONEY MARKET FUND
007 C030200 N
007 C010300  3
007 C020300 ARISTATA EQUITY FUND
007 C030300 N
007 C010400  4
007 C020400 ARISTATA QUALITY BOND FUND
007 C030400 N
007 C010500  5
007 C020500 ARISTATA COLORADO QUALITY TAX-EXEMPT FUND
007 C030500 N
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
007 C011100 11
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
<PAGE>      PAGE  2
007 C012000 20
007 C012100 21
007 C012200 22
007 C012300 23
007 C012400 24
007 C012500 25
007 C012600 26
007 C012700 27
007 C012800 28
007 C012900 29
007 C013000 30
007 C013100 31
007 C013200 32
007 C013300 33
007 C013400 34
007 C013500 35
007 C013600 36
007 C013700 37
007 C013800 38
007 C013900 39
007 C014000 40
007 C014100 41
007 C014200 42
007 C014300 43
007 C014400 44
007 C014500 45
007 C014600 46
007 C014700 47
007 C014800 48
007 C014900 49
007 C015000 50
007 C015100 51
007 C015200 52
007 C015300 53
007 C015400 54
007 C015500 55
007 C015600 56
007 C015700 57
007 C015800 58
007 C015900 59
007 C016000 60
007 C016100 61
007 C016200 62
007 C016300 63
007 C016400 64
007 C016500 65
007 C016600 66
007 C016700 67
007 C016800 68
007 C016900 69
007 C017000 70
<PAGE>      PAGE  3
007 C017100 71
007 C017200 72
007 C017300 73
007 C017400 74
007 C017500 75
007 C017600 76
007 C017700 77
007 C017800 78
007 C017900 79
007 C018000 80
007 C018100 81
007 C018200 82
007 C018300 83
007 C018400 84
007 C018500 85
007 C018600 86
007 C018700 87
007 C018800 88
007 C018900 89
007 C019000 90
010 A00AA01 ALPS MUTUAL FUNDS SERVICES, INC.
010 B00AA01 8-34626
010 C01AA01 DENVER
010 C02AA01 CO
010 C03AA01 80202
011 A00AA01 ALPS MUTUAL FUNDS SERVICES, INC.
011 B00AA01 8-34626
011 C01AA01 DENVER
011 C02AA01 CO
011 C03AA01 80202
012 A00AA01 ALPS MUTUAL FUNDS SERVICES, INC.
012 B00AA01 84-5730
012 C01AA01 DENVER
012 C02AA01 CO
012 C03AA01 80202
013 A00AA01 DELOITTE & TOUCHE, LLP
013 B01AA01 DENVER
013 B02AA01 CO
013 B03AA01 80202
018  00AA00 Y
019 A00AA00 N
019 B00AA00    0
020 A000001 BEAR STEARNS
020 B000001 13-3299429
020 C000001     12
020 A000002 DONALDSON, LUFKIN, JENRETTE
020 B000002 13-2741729
020 C000002     12
020 A000003 STANDARD & POORS
020 B000003 13-2671951
020 C000003     11
<PAGE>      PAGE  4
020 A000004 MERRILL LYNCH
020 B000004 13-5674085
020 C000004      9
020 A000005 BERNSTEIN, SANFORD C
020 B000005 13-2625874
020 C000005      3
020 A000006 WEEDEN (LEUTHOLD)
020 B000006 13-3364318
020 C000006      2
020 A000007 U.S. TRUST
020 B000007 13-3818952
020 C000007      2
020 A000008 O'NEIL, WILLIAM & CO
020 B000008 95-2269163
020 C000008      2
020 A000009 14 RESEARCH
020 B000009 13-2776880
020 C000009      1
020 C000010      0
021  000000       54
022 A000001 STATE STREET
022 B000001 041867445
022 C000001   3513488
022 D000001         0
022 A000002 MORGAN STANLEY
022 B000002 132655998
022 C000002   3417529
022 D000002         0
022 A000003 UBS SECURITIES
022 B000003 132932996
022 C000003   3398400
022 D000003         0
022 A000004 J.P. MORGAN
022 B000004 133224016
022 C000004   2872974
022 D000004         0
022 A000005 DEUTSCHE BANK
022 B000005 132730828
022 C000005   2757412
022 D000005         0
022 A000006 CHASE SECURITIES
022 B000006 133112953
022 C000006   2315143
022 D000006         0
022 A000007 HARRIS NESBITT
022 B000007 133112953
022 C000007   1767433
022 D000007         0
022 A000008 MERRILL LYNCH
022 B000008 135108880
022 C000008   1650424
<PAGE>      PAGE  5
022 D000008      1194
022 A000009 SOCIETE GENERALE
022 B000009 131976032
022 C000009   1022750
022 D000009         0
022 C000010         0
022 D000010         0
023 C000000   24002610
023 D000000      31177
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 Y
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
029  00AA00 N
030 A00AA00      0
030 B00AA00  0.00
030 C00AA00  0.00
031 A00AA00      0
031 B00AA00      0
032  00AA00      0
033  00AA00      0
034  00AA00 N
035  00AA00      0
036 B00AA00      0
037  00AA00 N
038  00AA00      0
039  00AA00 N
040  00AA00 N
042 A00AA00   0
042 B00AA00   0
042 C00AA00   0
042 D00AA00   0
042 E00AA00   0
042 F00AA00   0
042 G00AA00   0
042 H00AA00   0
043  00AA00      0
044  00AA00      0
049  00AA00 N
050  00AA00 N
051  00AA00 N
052  00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
<PAGE>      PAGE  6
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 Y
054 D00AA00 Y
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 Y
054 J00AA00 Y
054 K00AA00 Y
054 L00AA00 Y
054 M00AA00 Y
054 N00AA00 Y
054 O00AA00 Y
077 A000000 N
078  000000 N
080 C00AA00        0
081 B00AA00   0
082 B00AA00        0
083 B00AA00        0
084 B00AA00        0
086 A010000      0
086 A020000      0
086 B010000      0
086 B020000      0
086 C010000      0
086 C020000      0
086 D010000      0
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
008 A000101 G.E. INVESTMENT MANAGEMENT, INC.
008 B000101 A
008 C000101 801-31947
008 D010101 STAMFORD
008 D020101 CT
008 D030101 06905
014 A000101 GE INVESTMENT SERVICES, INC.
014 B000101 8-29468
014 A000102 PAINEWEBBER, INC.
014 B000102 8-00000
014 A000103 GNA SECURITIES INC.
014 B000103 8-26614
014 A000104 GNA DISTRIBUTORS INC.
014 B000104 8-46211
014 A000105 GECC CAPITAL MARKETS INC.
014 B000105 8-29149
014 A000106 CAPITAL BROKERAGE CORPORATION
<PAGE>      PAGE  7
014 B000106 8-30557
015 A000101 STATE STREET BANK & TRUST, CO.
015 B000101 C
015 C010101 HARTFORD
015 C020101 CT
015 C030101 06103
015 E010101 X
024  000100 Y
025 A000101 MORGAN STANLEY, INC.
025 B000101 132655998
025 C000101 D
025 D000101    7253
025 A000102 J.P. MORGAN & CO., INC.
025 B000102 133224016
025 C000102 D
025 D000102    7253
025 A000103 DEUTSCHE BANK CORP.
025 B000103 132730828
025 C000103 D
025 D000103    7253
025 A000104 STATE STREET BANK CORP.
025 B000104 041867445
025 C000104 D
025 D000104   27353
025 A000105 CHASE SECURITIES, INC.
025 B000105 133112953
025 C000105 D
025 D000105    7253
025 A000106 UBS SECURITIES, INC.
025 B000106 132932996
025 C000106 D
025 D000106    7253
025 A000107 MERRILL LYNCH, INC.
025 B000107 135674085
025 C000107 D
025 D000107    7253
025 A000108 HARRIS NESBITT
025 B000108 133112953
025 C000108 D
025 D000108    7253
025 A000109 SOCIETE GENERALE
025 B000109 13-1976032
025 C000109 D
025 D000109    7253
025 D000110       0
025 D000111       0
025 D000112       0
025 D000113       0
025 D000114       0
025 D000115       0
025 D000116       0
<PAGE>      PAGE  8
025 D000117       0
025 D000118       0
025 D000119       0
025 D000120       0
025 D000121       0
025 D000122       0
025 D000123       0
025 D000124       0
025 D000125       0
025 D000126       0
025 D000127       0
025 D000128       0
025 D000129       0
025 D000130       0
025 D000131       0
025 D000132       0
028 A010100     55836
028 A020100       558
028 A030100         0
028 A040100     13889
028 B010100     16016
028 B020100       681
028 B030100         0
028 B040100     52312
028 C010100     33264
028 C020100       657
028 C030100         0
028 C040100     22990
028 D010100     25898
028 D020100       672
028 D030100         0
028 D040100     15749
028 E010100      4425
028 E020100       634
028 E030100         0
028 E040100     24277
028 F010100     12620
028 F020100       666
028 F030100         0
028 F040100     15122
028 G010100    148059
028 G020100      3868
028 G030100         0
028 G040100    144339
028 H000100         0
045  000100 Y
046  000100 N
047  000100 Y
048  000100  0.000
048 A010100   500000
048 A020100 0.050
<PAGE>      PAGE  9
048 B010100   500000
048 B020100 0.075
048 C010100   500000
048 C020100 0.100
048 D010100        0
048 D020100 0.000
048 E010100        0
048 E020100 0.000
048 F010100        0
048 F020100 0.000
048 G010100        0
048 G020100 0.000
048 H010100        0
048 H020100 0.000
048 I010100        0
048 I020100 0.000
048 J010100        0
048 J020100 0.000
048 K010100  1500000
048 K020100 0.150
055 A000100 N
055 B000100 N
056  000100 Y
057  000100 N
058 A000100 N
059  000100 Y
060 A000100 Y
060 B000100 Y
061  000100   100000
062 A000100 Y
062 B000100  36.4
062 C000100   0.0
062 D000100  63.6
062 E000100   0.0
062 F000100   0.0
062 G000100   0.0
062 H000100   0.0
062 I000100   0.0
062 J000100   0.0
062 K000100   0.0
062 L000100   0.0
062 M000100   0.0
062 N000100   0.0
062 O000100   0.0
062 P000100   0.0
062 Q000100   0.0
062 R000100   0.0
063 A000100  35
063 B000100  0.0
064 A000100 N
064 B000100 N
<PAGE>      PAGE  10
066 A000100 N
067  000100 N
068 A000100 N
068 B000100 N
069  000100 N
070 A010100 Y
070 A020100 Y
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 N
070 J020100 N
070 K010100 N
070 K020100 N
070 L010100 N
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 N
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 N
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100         0
071 B000100         0
071 C000100         0
071 D000100    0
072 A000100  6
072 B000100     4256
072 C000100        0
072 D000100        0
072 E000100        0
072 F000100       39
<PAGE>      PAGE  11
072 G000100      304
072 H000100        0
072 I000100        0
072 J000100        0
072 K000100        0
072 L000100        0
072 M000100        0
072 N000100        3
072 O000100        0
072 P000100        0
072 Q000100        0
072 R000100        0
072 S000100        9
072 T000100        0
072 U000100       34
072 V000100        0
072 W000100        6
072 X000100      395
072 Y000100      137
072 Z000100     3998
072AA000100        0
072BB000100        0
072CC010100        0
072CC020100        0
072DD010100     3998
072DD020100        0
072EE000100        0
073 A010100   0.0258
073 A020100   0.0000
073 B000100   0.0000
073 C000100   0.0000
074 A000100        0
074 B000100    92632
074 C000100    53038
074 D000100        0
074 E000100        0
074 F000100        0
074 G000100        0
074 H000100        0
074 I000100        0
074 J000100        0
074 K000100        0
074 L000100      681
074 M000100       87
074 N000100   146438
074 O000100        0
074 P000100       34
074 Q000100        0
074 R010100        0
074 R020100        0
074 R030100        0
<PAGE>      PAGE  12
074 R040100      647
074 S000100        0
074 T000100   145757
074 U010100   145784
074 U020100        0
074 V010100     1.00
074 V020100     0.00
074 W000100   1.0004
074 X000100      312
074 Y000100        0
075 A000100   154634
075 B000100        0
076  000100     0.00
008 A000201 G.E. INVESTMENT MANAGEMENT, INC.
008 B000201 A
008 C000201 801-31947
008 D010201 STAMFORD
008 D020201 CT
008 D030201 06905
014 A000201 GE INVESTMENTS SERVICES, INC.
014 B000201 8-29468
014 A000202 PAINEWEBBER, INC.
014 B000202 8-000000
014 A000203 GNA SECURITIES INC.
014 B000203 8-26614
014 A000204 GNA DISTRIBUTORS INC.
014 B000204 8-46211
014 A000205 GECC CAPITAL MARKETS INC.
014 B000205 8-29149
014 A000206 CAPITAL BROKERAGE CORPORATION
014 B000206 8-30557
015 A000201 STATE STREET BANK & TRUST, CO.
015 B000201 C
015 C010201 HARTFORD
015 C020201 CT
015 C030201 06103
015 E010201 X
024  000200 Y
025 A000201 UBS SECURITIES, INC.
025 B000201 132932996
025 C000201 D
025 D000201   10255
025 A000202 SOCIETE GENERALE
025 B000202 131976032
025 C000202 D
025 D000202   10004
025 A000203 DEUTSCHE BANK CORP.
025 B000203 132730828
025 C000203 D
025 D000203   10255
025 A000204 STATE STREET BANK CORP.
<PAGE>      PAGE  13
025 B000204 041867445
025 C000204 D
025 D000204    9244
025 A000205 DELETE
025 D000205       0
025 A000206 DELETE
025 D000206       0
025 A000207 DELETE
025 D000207       0
025 D000208       0
025 D000209       0
025 D000210       0
025 D000211       0
025 D000212       0
025 D000213       0
025 D000214       0
025 D000215       0
025 D000216       0
028 A010200     32655
028 A020200       594
028 A030200         0
028 A040200     19566
028 B010200    129528
028 B020200       669
028 B030200         0
028 B040200    143225
028 C010200     85390
028 C020200       848
028 C030200         0
028 C040200     65610
028 D010200     99816
028 D020200       813
028 D030200         0
028 D040200     35560
028 E010200     71681
028 E020200       887
028 E030200         0
028 E040200     95647
028 F010200     19047
028 F020200      1004
028 F030200         0
028 F040200     25642
028 G010200    438117
028 G020200      4815
028 G030200         0
028 G040200    385250
028 H000200         0
045  000200 Y
046  000200 N
047  000200 Y
048  000200  0.000
<PAGE>      PAGE  14
048 A010200   500000
048 A020200 0.040
048 B010200   500000
048 B020200 0.060
048 C010200        0
048 C020200 0.000
048 D010200        0
048 D020200 0.000
048 E010200        0
048 E020200 0.000
048 F010200        0
048 F020200 0.000
048 G010200        0
048 G020200 0.000
048 H010200        0
048 H020200 0.000
048 I010200        0
048 I020200 0.000
048 J010200        0
048 J020200 0.000
048 K010200  1000000
048 K020200 0.080
055 A000200 Y
055 B000200 N
056  000200 Y
057  000200 N
058 A000200 N
059  000200 Y
060 A000200 Y
060 B000200 Y
061  000200  1000000
062 A000200 Y
062 B000200   2.4
062 C000200  74.0
062 D000200  23.9
062 E000200   0.0
062 F000200   0.0
062 G000200   0.0
062 H000200   0.0
062 I000200   0.0
062 J000200   0.0
062 K000200   0.0
062 L000200   0.0
062 M000200   0.0
062 N000200   0.0
062 O000200   0.0
062 P000200   0.0
062 Q000200   0.0
062 R000200   0.0
063 A000200  58
063 B000200  0.0
<PAGE>      PAGE  15
064 A000200 N
064 B000200 N
066 A000200 N
067  000200 N
068 A000200 N
068 B000200 N
069  000200 N
070 A010200 Y
070 A020200 Y
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 N
070 J020200 N
070 K010200 N
070 K020200 N
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 N
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 N
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200         0
071 B000200         0
071 C000200         0
071 D000200    0
072 A000200  6
072 B000200     5528
072 C000200        0
072 D000200        0
<PAGE>      PAGE  16
072 E000200        0
072 F000200       40
072 G000200      185
072 H000200        0
072 I000200        0
072 J000200        0
072 K000200        0
072 L000200        0
072 M000200        0
072 N000200        1
072 O000200        0
072 P000200        0
072 Q000200        0
072 R000200        0
072 S000200        9
072 T000200        0
072 U000200        2
072 V000200        0
072 W000200        7
072 X000200      244
072 Y000200       42
072 Z000200     5326
072AA000200        0
072BB000200        0
072CC010200        0
072CC020200        0
072DD010200     5326
072DD020200        0
072EE000200        0
073 A010200   0.0267
073 A020200   0.0000
073 B000200   0.0000
073 C000200   0.0000
074 A000200        0
074 B000200    49762
074 C000200   158801
074 D000200        0
074 E000200        0
074 F000200        0
074 G000200        0
074 H000200        0
074 I000200        0
074 J000200        0
074 K000200        0
074 L000200      249
074 M000200      109
074 N000200   208921
074 O000200        0
074 P000200       34
074 Q000200        0
074 R010200        0
<PAGE>      PAGE  17
074 R020200        0
074 R030200        0
074 R040200      983
074 S000200        0
074 T000200   207904
074 U010200   207917
074 U020200        0
074 V010200     1.00
074 V020200     0.00
074 W000200   1.0004
074 X000200      133
074 Y000200        0
075 A000200   198815
075 B000200        0
076  000200     0.00
008 A000301 TEMPEST,ISENHART,CHAFEE,LANSDOWNE&ASSOC.,INC.
008 B000301 A
008 C000301 801-11809
008 D010301 DENVER
008 D020301 CO
008 D030301 80204
015 A000301 FIFTH THIRD BANCORP
015 B000301 C
015 C010301 CINCINNATI
015 C020301 OH
015 C030301 45263
015 E010301 X
024  000300 Y
025 A000301 J.P. MORGAN
025 B000301 133224016
025 C000301 D
025 D000301    1225
025 D000302       0
025 D000303       0
025 D000304       0
025 D000305       0
025 D000306       0
025 D000307       0
025 D000308       0
028 A010300       183
028 A020300         0
028 A030300         0
028 A040300       690
028 B010300       137
028 B020300       185
028 B030300         0
028 B040300       548
028 C010300       177
028 C020300         0
028 C030300         0
028 C040300      1539
<PAGE>      PAGE  18
028 D010300       221
028 D020300        56
028 D030300         0
028 D040300       707
028 E010300       471
028 E020300       172
028 E030300         0
028 E040300      1679
028 F010300       369
028 F020300         1
028 F030300         0
028 F040300       709
028 G010300      1558
028 G020300       414
028 G030300         0
028 G040300      5872
028 H000300         0
045  000300 Y
046  000300 N
047  000300 Y
048  000300  0.850
048 A010300        0
048 A020300 0.000
048 B010300        0
048 B020300 0.000
048 C010300        0
048 C020300 0.000
048 D010300        0
048 D020300 0.000
048 E010300        0
048 E020300 0.000
048 F010300        0
048 F020300 0.000
048 G010300        0
048 G020300 0.000
048 H010300        0
048 H020300 0.000
048 I010300        0
048 I020300 0.000
048 J010300        0
048 J020300 0.000
048 K010300        0
048 K020300 0.000
055 A000300 N
055 B000300 N
056  000300 Y
057  000300 N
058 A000300 N
059  000300 Y
060 A000300 Y
060 B000300 Y
<PAGE>      PAGE  19
061  000300     2000
062 A000300 N
062 B000300   0.0
062 C000300   0.0
062 D000300   0.0
062 E000300   0.0
062 F000300   0.0
062 G000300   0.0
062 H000300   0.0
062 I000300   0.0
062 J000300   0.0
062 K000300   0.0
062 L000300   0.0
062 M000300   0.0
062 N000300   0.0
062 O000300   0.0
062 P000300   0.0
062 Q000300   0.0
062 R000300   0.0
063 A000300   0
063 B000300  0.0
066 A000300 Y
066 E000300 Y
067  000300 N
068 A000300 N
068 B000300 N
069  000300 N
070 A010300 Y
070 A020300 N
070 B010300 N
070 B020300 N
070 C010300 N
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 Y
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 Y
070 K020300 Y
070 L010300 Y
070 L020300 Y
<PAGE>      PAGE  20
070 M010300 Y
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300      9314
071 B000300     14610
071 C000300     90317
071 D000300   20
072 A000300  6
072 B000300       60
072 C000300     1025
072 D000300        0
072 E000300        0
072 F000300      402
072 G000300       96
072 H000300        0
072 I000300        0
072 J000300        0
072 K000300        0
072 L000300        0
072 M000300        0
072 N000300       10
072 O000300        0
072 P000300        0
072 Q000300        0
072 R000300        0
072 S000300       14
072 T000300        0
072 U000300        4
072 V000300        0
072 W000300        8
072 X000300      534
072 Y000300       84
072 Z000300      635
072AA000300        0
072BB000300      146
072CC010300        0
072CC020300     5660
072DD010300      650
072DD020300        0
072EE000300        0
073 A010300   0.0681
073 A020300   0.0000
<PAGE>      PAGE  21
073 B000300   0.0000
073 C000300   0.0000
074 A000300        0
074 B000300        0
074 C000300        0
074 D000300        0
074 E000300        0
074 F000300    86591
074 G000300        0
074 H000300        0
074 I000300     5218
074 J000300      143
074 K000300        0
074 L000300      129
074 M000300       34
074 N000300    92115
074 O000300        0
074 P000300       89
074 Q000300        0
074 R010300        0
074 R020300        0
074 R030300        0
074 R040300      132
074 S000300        0
074 T000300    91894
074 U010300     9329
074 U020300        0
074 V010300     9.85
074 V020300     0.00
074 W000300   0.0000
074 X000300       29
074 Y000300        0
075 A000300        0
075 B000300    93412
076  000300     0.00
008 A000401 TEMPEST,ISENHART,CHAFEE,LANSDOWNE&ASSOC.,INC.
008 B000401 A
008 C000401 801-11809
008 D010401 DENVER
008 D020401 CO
008 D030401 80204
015 A000401 FIFTH THIRD BANCORP
015 B000401 C
015 C010401 CINCINNATI
015 C020401 OH
015 C030401 45263
015 E010401 X
024  000400 Y
025 A000401 BEAR STEARNS COS, INC.
025 B000401 13-3299429
025 C000401 D
<PAGE>      PAGE  22
025 D000401     765
025 A000402 MERRILL LYNCH
025 B000402 13-5674085
025 C000402 D
025 D000402     738
025 A000403 DELETE
025 D000403       0
025 D000404       0
025 D000405       0
025 D000406       0
025 D000407       0
025 D000408       0
028 A010400       166
028 A020400         0
028 A030400         0
028 A040400      1247
028 B010400       446
028 B020400       215
028 B030400         0
028 B040400       750
028 C010400       525
028 C020400       214
028 C030400         0
028 C040400      1075
028 D010400       118
028 D020400       230
028 D030400         0
028 D040400      1407
028 E010400       387
028 E020400       197
028 E030400         0
028 E040400       740
028 F010400       878
028 F020400       213
028 F030400         0
028 F040400       374
028 G010400      2520
028 G020400      1069
028 G030400         0
028 G040400      5593
028 H000400         0
045  000400 Y
046  000400 N
047  000400 Y
048  000400  0.500
048 A010400        0
048 A020400 0.000
048 B010400        0
048 B020400 0.000
048 C010400        0
048 C020400 0.000
<PAGE>      PAGE  23
048 D010400        0
048 D020400 0.000
048 E010400        0
048 E020400 0.000
048 F010400        0
048 F020400 0.000
048 G010400        0
048 G020400 0.000
048 H010400        0
048 H020400 0.000
048 I010400        0
048 I020400 0.000
048 J010400        0
048 J020400 0.000
048 K010400        0
048 K020400 0.000
055 A000400 N
055 B000400 N
056  000400 Y
057  000400 N
058 A000400 N
059  000400 Y
060 A000400 Y
060 B000400 Y
061  000400     2000
062 A000400 Y
062 B000400   2.5
062 C000400   0.0
062 D000400   0.0
062 E000400   0.0
062 F000400   0.0
062 G000400   0.0
062 H000400   0.0
062 I000400   0.0
062 J000400   0.0
062 K000400   0.0
062 L000400   3.8
062 M000400  12.9
062 N000400  21.7
062 O000400   0.0
062 P000400  52.3
062 Q000400   0.0
062 R000400   5.6
063 A000400   0
063 B000400  6.5
064 A000400 N
064 B000400 N
066 A000400 N
067  000400 N
068 A000400 N
068 B000400 N
<PAGE>      PAGE  24
069  000400 N
070 A010400 Y
070 A020400 N
070 B010400 N
070 B020400 N
070 C010400 N
070 C020400 N
070 D010400 N
070 D020400 N
070 E010400 Y
070 E020400 N
070 F010400 N
070 F020400 N
070 G010400 N
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 Y
070 L010400 Y
070 L020400 Y
070 M010400 Y
070 M020400 N
070 N010400 Y
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 Y
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400      3607
071 B000400      2141
071 C000400     50545
071 D000400    8
072 A000400  6
072 B000400     1837
072 C000400        0
072 D000400        0
072 E000400        0
072 F000400      143
072 G000400       57
072 H000400        0
072 I000400        0
072 J000400        0
<PAGE>      PAGE  25
072 K000400        0
072 L000400        0
072 M000400        0
072 N000400        6
072 O000400        0
072 P000400        0
072 Q000400        0
072 R000400        0
072 S000400        9
072 T000400        0
072 U000400        2
072 V000400        0
072 W000400        5
072 X000400      222
072 Y000400       36
072 Z000400     1651
072AA000400      186
072BB000400        0
072CC010400      962
072CC020400        0
072DD010400     1651
072DD020400        0
072EE000400        0
073 A010400   0.2949
073 A020400   0.0000
073 B000400   0.0000
073 C000400   0.0000
074 A000400        0
074 B000400        0
074 C000400     3570
074 D000400    49250
074 E000400        0
074 F000400        0
074 G000400        0
074 H000400        0
074 I000400     3180
074 J000400       32
074 K000400        0
074 L000400      939
074 M000400       23
074 N000400    56994
074 O000400        0
074 P000400       41
074 Q000400        0
074 R010400        0
074 R020400        0
074 R030400        0
074 R040400      301
074 S000400        0
074 T000400    56652
074 U010400     5565
<PAGE>      PAGE  26
074 U020400        0
074 V010400    10.18
074 V020400     0.00
074 W000400   0.0000
074 X000400       16
074 Y000400        0
075 A000400        0
075 B000400    56525
076  000400     0.00
008 A000501 TEMPEST,ISENHART,CHAFEE,LANSDOWNE&ASSOC.,INC.
008 B000501 A
008 C000501 801-11809
008 D010501 DENVER
008 D020501 CO
008 D030501 80204
015 A000501 FIFTH THIRD BANCORP
015 B000501 C
015 C010501 CINCINNATI
015 C020501 OH
015 C030501 45263
015 E010501 X
024  000500 N
028 A010500        88
028 A020500         0
028 A030500         0
028 A040500       619
028 B010500        36
028 B020500         5
028 B030500         0
028 B040500      1005
028 C010500        17
028 C020500         6
028 C030500         0
028 C040500       879
028 D010500        31
028 D020500         6
028 D030500         0
028 D040500       839
028 E010500         2
028 E020500         6
028 E030500         0
028 E040500      1042
028 F010500         9
028 F020500         8
028 F030500         0
028 F040500       623
028 G010500       183
028 G020500        31
028 G030500         0
028 G040500      5007
028 H000500         0
<PAGE>      PAGE  27
045  000500 Y
046  000500 N
047  000500 Y
048  000500  0.500
048 A010500        0
048 A020500 0.000
048 B010500        0
048 B020500 0.000
048 C010500        0
048 C020500 0.000
048 D010500        0
048 D020500 0.000
048 E010500        0
048 E020500 0.000
048 F010500        0
048 F020500 0.000
048 G010500        0
048 G020500 0.000
048 H010500        0
048 H020500 0.000
048 I010500        0
048 I020500 0.000
048 J010500        0
048 J020500 0.000
048 K010500        0
048 K020500 0.000
055 A000500 N
055 B000500 N
056  000500 Y
057  000500 N
058 A000500 N
059  000500 Y
060 A000500 N
060 B000500 N
061  000500     2000
062 A000500 Y
062 B000500   0.0
062 C000500   0.0
062 D000500   0.0
062 E000500   0.0
062 F000500   0.0
062 G000500   0.0
062 H000500   0.0
062 I000500   0.0
062 J000500   0.0
062 K000500   0.0
062 L000500   0.0
062 M000500   0.0
062 N000500   0.0
062 O000500  96.8
062 P000500   0.0
<PAGE>      PAGE  28
062 Q000500   0.0
062 R000500   0.0
063 A000500   0
063 B000500  7.0
064 A000500 Y
064 B000500 N
066 A000500 N
067  000500 N
068 A000500 N
068 B000500 N
069  000500 N
070 A010500 Y
070 A020500 N
070 B010500 N
070 B020500 N
070 C010500 N
070 C020500 N
070 D010500 N
070 D020500 N
070 E010500 N
070 E020500 N
070 F010500 N
070 F020500 N
070 G010500 N
070 G020500 N
070 H010500 N
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 N
070 L010500 N
070 L020500 N
070 M010500 N
070 M020500 N
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 Y
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500       468
071 B000500      5221
071 C000500     20590
071 D000500    4
<PAGE>      PAGE  29
072 A000500  6
072 B000500      567
072 C000500        0
072 D000500        0
072 E000500        0
072 F000500       54
072 G000500       30
072 H000500        0
072 I000500        0
072 J000500        0
072 K000500        0
072 L000500        0
072 M000500        0
072 N000500        2
072 O000500        0
072 P000500        0
072 Q000500        0
072 R000500        0
072 S000500        3
072 T000500        0
072 U000500        1
072 V000500        0
072 W000500        6
072 X000500       96
072 Y000500       48
072 Z000500      519
072AA000500      176
072BB000500        0
072CC010500      178
072CC020500        0
072DD010500      519
072DD020500        0
072EE000500        0
073 A010500   0.2463
073 A020500   0.0000
073 B000500   0.0000
073 C000500   0.0000
074 A000500      327
074 B000500        0
074 C000500        0
074 D000500    18339
074 E000500        0
074 F000500        0
074 G000500        0
074 H000500        0
074 I000500        0
074 J000500        0
074 K000500        0
074 L000500      370
074 M000500        8
074 N000500    19044
<PAGE>      PAGE  30
074 O000500        0
074 P000500       11
074 Q000500        0
074 R010500        0
074 R020500        0
074 R030500        0
074 R040500       92
074 S000500        0
074 T000500    18941
074 U010500     1874
074 U020500        0
074 V010500    10.11
074 V020500     0.00
074 W000500   0.0000
074 X000500       18
074 Y000500        0
075 A000500        0
075 B000500    21233
076  000500     0.00
SIGNATURE   WILLIAM N. PASTON                            
TITLE       VICE PRESIDENT      
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000915802
<NAME> FINANCIAL INVESTORS TRUST
<SERIES>
   <NUMBER> 05
   <NAME> ARISTATA COLORADO QUALITY TAX-EXEMPT FUND
       
<S>                             <C>
<PERIOD-TYPE>                  6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-END>                               OCT-31-1998
<INVESTMENTS-AT-COST>                         16814679
<INVESTMENTS-AT-VALUE>                        18339106
<RECEIVABLES>                                   369822
<ASSETS-OTHER>                                  334985
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                19043913
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       102972
<TOTAL-LIABILITIES>                             102972
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      17244696
<SHARES-COMMON-STOCK>                          1873616
<SHARES-COMMON-PRIOR>                          2351160
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         171818   
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       1524427
<NET-ASSETS>                                  18940941
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                               566779
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 (48258)
<NET-INVESTMENT-INCOME>                         518521 
<REALIZED-GAINS-CURRENT>                        176031     
<APPREC-INCREASE-CURRENT>                       178449
<NET-CHANGE-FROM-OPS>                           873001
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (518541)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          18236
<NUMBER-OF-SHARES-REDEEMED>                   (498859)
<SHARES-REINVESTED>                               3079   
<NET-CHANGE-IN-ASSETS>                       (4439666)
<ACCUMULATED-NII-PRIOR>                             20
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                      (4213)
<GROSS-ADVISORY-FEES>                            53620
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  96283    
<AVERAGE-NET-ASSETS>                          21164260
<PER-SHARE-NAV-BEGIN>                             9.94
<PER-SHARE-NII>                                    .25
<PER-SHARE-GAIN-APPREC>                            .17
<PER-SHARE-DIVIDEND>                             (.25)
<PER-SHARE-DISTRIBUTIONS>                          .00
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.11
<EXPENSE-RATIO>                                    .45
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000915802
<NAME> FINANCIAL INVESTORS TRUST
<SERIES>
   <NUMBER> 01
   <NAME> US TREASURY MONEY MARKET FUND
       
<S>                             <C>
<PERIOD-TYPE>                  6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-END>                               OCT-31-1998
<INVESTMENTS-AT-COST>                        145670046
<INVESTMENTS-AT-VALUE>                       145670046
<RECEIVABLES>                                   680859
<ASSETS-OTHER>                                   87206
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               146438111
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       681299
<TOTAL-LIABILITIES>                             681299
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     145784449
<SHARES-COMMON-STOCK>                        145784449
<SHARES-COMMON-PRIOR>                        138196581
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0   
<OVERDISTRIBUTION-GAINS>                       (27637)
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                 145756812
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              4256364
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                (258584)
<NET-INVESTMENT-INCOME>                        3997780 
<REALIZED-GAINS-CURRENT>                             0     
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                          3997780
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (3997780)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      148058890
<NUMBER-OF-SHARES-REDEEMED>                (144338594)
<SHARES-REINVESTED>                            3867572   
<NET-CHANGE-IN-ASSETS>                         7587868
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                     (27637)
<GROSS-ADVISORY-FEES>                            39186
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 395628    
<AVERAGE-NET-ASSETS>                         154633947
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                    .03
<PER-SHARE-GAIN-APPREC>                            .00
<PER-SHARE-DIVIDEND>                             (.03)
<PER-SHARE-DISTRIBUTIONS>                          .00
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                    .33
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000915802
<NAME> FINANCIAL INVESTORS TRUST
<SERIES>
   <NUMBER> 02
   <NAME> US GOVERNEMENT MONEY MARKET FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-END>                               OCT-31-1998
<INVESTMENTS-AT-COST>                        208563339
<INVESTMENTS-AT-VALUE>                       208563339
<RECEIVABLES>                                   248745
<ASSETS-OTHER>                                  108850
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               208920934
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      1016902
<TOTAL-LIABILITIES>                            1016902
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     208068450
<SHARES-COMMON-STOCK>                        207917161
<SHARES-COMMON-PRIOR>                        150235196
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0   
<OVERDISTRIBUTION-GAINS>                      (164418)
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                 207904032
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              5528173
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                (201912)
<NET-INVESTMENT-INCOME>                        5326261 
<REALIZED-GAINS-CURRENT>                             0  
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                          5326261
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (5326261)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      438116911
<NUMBER-OF-SHARES-REDEEMED>                (385249529)
<SHARES-REINVESTED>                            4814583   
<NET-CHANGE-IN-ASSETS>                        57681965
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                    (164418)
<GROSS-ADVISORY-FEES>                            40381
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 243916    
<AVERAGE-NET-ASSETS>                         198814546
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                    .03
<PER-SHARE-GAIN-APPREC>                            .00
<PER-SHARE-DIVIDEND>                             (.03)
<PER-SHARE-DISTRIBUTIONS>                          .00
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                    .20
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000915802
<NAME> FINANCIAL INVESTORS TRUST
<SERIES>
   <NUMBER> 03
   <NAME> ARISTATA EQUITY FUND
       
<S>                             <C>
<PERIOD-TYPE>                  6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-END>                               OCT-31-1998
<INVESTMENTS-AT-COST>                         55140253
<INVESTMENTS-AT-VALUE>                        91809373
<RECEIVABLES>                                   271765
<ASSETS-OTHER>                                   33495
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                92114633
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       220847
<TOTAL-LIABILITIES>                             220847
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      54139878
<SHARES-COMMON-STOCK>                          9329442
<SHARES-COMMON-PRIOR>                          9732527
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                          (5499)
<ACCUMULATED-NET-GAINS>                        1090287   
<OVERDISTRIBUTION-GAINS>                             0 
<ACCUM-APPREC-OR-DEPREC>                      36669120
<NET-ASSETS>                                  91893786
<DIVIDEND-INCOME>                              1024812
<INTEREST-INCOME>                                59754    
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                (449273)
<NET-INVESTMENT-INCOME>                         635293 
<REALIZED-GAINS-CURRENT>                      (145960)     
<APPREC-INCREASE-CURRENT>                    (5659867)
<NET-CHANGE-FROM-OPS>                        (5170534)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (649928)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         162143
<NUMBER-OF-SHARES-REDEEMED>                   (608909)
<SHARES-REINVESTED>                              43681   
<NET-CHANGE-IN-ASSETS>                       (9720048)
<ACCUMULATED-NII-PRIOR>                           9136    
<ACCUMULATED-GAINS-PRIOR>                      1236247
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           402512
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 533902    
<AVERAGE-NET-ASSETS>                          93408716
<PER-SHARE-NAV-BEGIN>                            10.44
<PER-SHARE-NII>                                    .07
<PER-SHARE-GAIN-APPREC>                          (.59)
<PER-SHARE-DIVIDEND>                             (.07)
<PER-SHARE-DISTRIBUTIONS>                          .00
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.85
<EXPENSE-RATIO>                                    .95
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000915802
<NAME> FINANCIAL INVESTORS TRUST
<SERIES>
   <NUMBER> 04
   <NAME> ARISTATA QUALITY BOND FUND
       
<S>                             <C>
<PERIOD-TYPE>                  6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-END>                               OCT-31-1998
<INVESTMENTS-AT-COST>                         52822694
<INVESTMENTS-AT-VALUE>                        56000062
<RECEIVABLES>                                   971326
<ASSETS-OTHER>                                   22611
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                56993999
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       341623
<TOTAL-LIABILITIES>                             341623
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      53237805
<SHARES-COMMON-STOCK>                          5565094
<SHARES-COMMON-PRIOR>                          5766594
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         237203   
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       3177368
<NET-ASSETS>                                  56652376
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              1836813
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                (185904)
<NET-INVESTMENT-INCOME>                        1650909 
<REALIZED-GAINS-CURRENT>                        186026     
<APPREC-INCREASE-CURRENT>                       961697
<NET-CHANGE-FROM-OPS>                          2798632
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (1650980)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         249267
<NUMBER-OF-SHARES-REDEEMED>                   (556823)
<SHARES-REINVESTED>                             106056   
<NET-CHANGE-IN-ASSETS>                        (857334)
<ACCUMULATED-NII-PRIOR>                             71 
<ACCUMULATED-GAINS-PRIOR>                        51177
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           143003
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 221880    
<AVERAGE-NET-ASSETS>                          56400430
<PER-SHARE-NAV-BEGIN>                             9.97
<PER-SHARE-NII>                                    .29
<PER-SHARE-GAIN-APPREC>                            .21
<PER-SHARE-DIVIDEND>                             (.29)
<PER-SHARE-DISTRIBUTIONS>                          .00
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.18
<EXPENSE-RATIO>                                    .65
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission